Studio · 569 sqftKOA Canvas, Living Legends · 3rd floor · completed 2019

308, KOA Canvas

Sold prices and rental history: sold once, by the developer in December 2021, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 308 · DLD and Ejari recordsUpdated 20 August 2022

Last soldAED 700K9 December 2021

Current rentAED 70K /yr20 August 2022

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 308, KOA Canvas

Today

What is 308 worth today?

Last sold for AED 700,000 in 2021

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20 Aug 2022

20 Aug 2022RentedNew contract

AED 70,000/yr14 months · AED 123 per sqft

9 Dec 2021

9 Dec 2021Sold by developerReady

AED 700,000AED 1,230 per sqft

3 Nov 2020

3 Nov 2020RentedNew contract

AED 65,000/yr12 months · AED 114 per sqft

Source: Dubai Land Department. Updated 20 August 2022.

Key facts

Type: Studio apartment
Size: 569 sqft
Floor: 3rd of 6
Parking: G-04
Developer: KOA
Completed: 2019
Service charge: AED 8,500 /yr
Last sold: AED 700K · December 2021
Building: KOA Canvas

About 308, KOA Canvas

308 is a studio of 569 sqft on the 3rd floor of KOA Canvas, a 6-storey tower in Living Legends completed in 2019 by KOA. The developer sold it on 9 December 2021 for AED 700,000, or AED 1,230 per sqft, 5% below the AED 1,289 studios in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 20 August 2022, is AED 70,000 a year: a gross yield of 10.0% on the 2021 price, before the service charge of about AED 8,500 a year.

Sales and rents for 308 over time

Sales

Unit 308, each saleTypical studio in KOA Canvas

308 has sold once; the dashed line is the studio median of each year in the building.

Rents

Unit 308, each contractTypical studio in KOA Canvas

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in KOA Canvas, and where 308 sits

All 8 studios →

Studios in KOA Canvas · last 12 months1,706 /sqft KOA Canvas · all types1,995 /sqft

308 last sold in December 2021 at AED 1,230 per sqft, 5% below what studios in KOA Canvas were fetching at the time (AED 1,289). Over the last 12 months studios sold for AED 930,000 to 1,000,000, around AED 1,706 per sqft, and rent for AED 70,000 to 90,000 a year. 308's AED 70,000 is at the bottom of that range.

Recent studio sales	Size	Price (AED)	Per sqft
30 Jul 202630 July 2026	563 sqft	1,000,000	1,777
19 Nov 202519 November 2025	569 sqft	930,000	1,634
20 Jun 202520 June 2025	811 sqft	1,350,000	1,665
10 Jun 202510 June 2025	811 sqft	927,000	1,143

2 studio sales in the last 12 months

KOA Canvas

Building

46 apartments, studios to 3-bed over 6 floors in Living Legends, completed in 2019 by KOA. 7 sold in the last 12 months.

Typical price per sqft: AED 1,995
Typical sale: AED 1.55M
Typical rent: AED 148K /yr
Typical yield: 6.7%

KOA Canvas, Living Legends: prices, sales and rents →

Other units on the 3rd floor

All 46 units in KOA Canvas


301	2-bed	3,623 sqft	AED 4.45MAED 4,450,000 · Sep 2022September 2022	159,557 /yr
302	Studio	813 sqft	AED 1.05MAED 1,050,000 · Sep 2022September 2022	39,889 /yr
303	2-bed	2,761 sqft	AED 3.31MAED 3,312,741 · Feb 2022February 2022	145,000 /yr
304	2-bed	3,321 sqft	AED 3.99MAED 3,985,571 · May 2022May 2022	120,000 /yr
305	1-bed	776 sqft	AED 950KAED 950,000 · Apr 2022April 2022	110,000 /yr
306	2-bed	1,613 sqft	No registered sale	180,000 /yr
307	1-bed	774 sqft	AED 1.6MAED 1,600,000 · Aug 2025August 2025	115,000 /yr
309	2-bed	1,525 sqft	AED 2.06MAED 2,057,400 · Dec 2020December 2020	200,000 /yr
310	2-bed	1,399 sqft	AED 1.87MAED 1,867,483 · Sep 2020September 2020	190,000 /yr

1–7 of 9

308, KOA Canvas in numbers

Sold once: by KOA on 9 December 2021 for AED 700,000, or AED 1,230 per sqft.
Rented since November 2020 on 2 Ejari contracts, from AED 65,000 to AED 70,000 a year.
At AED 70,000 a year the gross yield on the 2021 price is 10.0%, before a service charge of about AED 8,500 a year (AED 15.01 per sqft).
Studios in KOA Canvas sold for AED 930,000–1,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,995 per sqft.

Source: Dubai Land Department. Updated 20 August 2022.

Questions about 308, KOA Canvas

What did unit 308 last sell for?

AED 700,000 on 9 December 2021, sold by the developer: AED 1,230 per sqft for 569 sqft. It is the only registered sale of the unit.

What is the rent for unit 308?

AED 70,000 a year on the contract signed on 20 August 2022. The previous contract, from November 2020, was AED 65,000.

How big is unit 308?

569 sqft (52.9 sqm): a studio on the 3rd floor of a 6-storey tower completed in 2019.

What is unit 308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in KOA Canvas sold for AED 930,000 to 1,000,000 in the last 12 months, around AED 1,706 per sqft.

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Mortgage on 308, KOA Canvas

Starts from the last sale price (AED 700K, 9 December 2021). Switch to today's estimate once you have unlocked it.

Price: AED 700,000
Deposit, UAE resident (20%): AED 140,000
Deposit, non-resident (40%): AED 280,000
Monthly over 25 years at 3.7%: AED 2,864

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →